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TranSystems Corporation - LGM Construction

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5. If an exposure exists, Contractor shall provide Aircraft Liability (owned and non-owned) and<br />

Watercraft Liability (owned and non-owned), with limits that FedEx approves.<br />

7. Contractor shall carry insurance in addition to that specifically named above as follows:<br />

E-2<br />

Coverage: Umbrella liability coverage $5,000,000<br />

Coverage: A policy of multiple peril (all-risk) property insurance that has been written<br />

in respect of the equipment and personal property that Contractor uses in the<br />

performance of the Work and that is not covered by the builder’s risk policy in force<br />

with respect to the Project in an amount equal to the full replacement cost of that<br />

equipment and personal property.

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